Meme Coin Market Rally: Pepe Coin Takes the Lead
Release: 2024/07/16 18:00 Reading: 915
PEPE emerges as the top gainer, outperforming OM and WIF.
Amidst Bitcoin's resurgence above the $60,000 threshold, the meme coin market charts its own course. According to CoinMarketCap, Pepe Coin (PEPE) has claimed the top gainer position in the past 24 hours, eclipsing Mantra (OM) and Dogwifhat (WIF).
src="/uploads/20240716/1721127852669653ac6a441.png">
Source: CoinMarketCap
PEPE Coin's Daily Trading Volume Soars Past $1.75 Billion Mark
PEPE currently trades at approximately $0.00001157, marking an impressive 18.8% surge over the past 24 hours. This continues an upward trend that commenced last week.
CoinMarketCap reveals that PEPE's daily trading volume has climbed to a staggering $1.75 billion, more than double that of WIF. With a market cap exceeding $4.81 billion, Pepe Coin now ranks as the third-largest meme currency, trailing only Dogecoin (DOGE) and Shiba Inu (SHIB).
Whale Investors' Activity Fuels PEPE Momentum
Previously, CNF reported that whale investors transferred a massive 9 trillion PEPE tokens, valued at approximately $82 million, from an unknown wallet to the Bybit cryptocurrency exchange. Despite this significant transaction, PEPE has maintained its upward trajectory.
Additionally, we spotlight the "whale wallet" 0x3737, which holds a substantial stake in PEPE. This wallet currently stores 3.58 trillion tokens, amounting to a value of $30.87 million. It has realized a profit exceeding $30 million.
These developments indicate strong momentum for PEPE in the current market landscape. Growing trading volumes coupled with considerable whale activity suggest heightened interest and confidence in the coin. PEPE's upward surge may potentially challenge the dominance of established meme tokens like DOGE and SHIB.
Continued monitoring of whale movements and trading volumes will prove crucial in assessing PEPE's future trajectory and its position within the meme coin ecosystem.
Recent news
More>- Homosexual Pepe Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- BTFD Presale Captivates Investors in the Best New Meme Coin Presales for Significant Returns as PEPE and SPX6900 Dominate the Scene Fuel the... 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- The Metrics Pointing to Massive Potential for WIF, JASMY, and PEPE in 2025 01-01
- BTFD Coin’s Presale is Unmissable Amid Pepe and Moo Deng’s Crypto Hype: Best Meme Coin Presales to Join This Week 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Ahead of Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- Crypto Gems for the Next Quarter: Top 5 Tokens to Watch 01-01
- Why $PEPE Jumped 20% Today And Which Coin Could Be Next 01-01
- Best New Meme Coins to Join for Short Term: BTFD Raises $4.7M in Presale as BONK Boasts Low-Cost Transactions and PEPE Enjoys Steady Followi... 01-01
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Missed Pepe Unchained? Don’t Worry, This New Pepe-Themed Meme Coin Will Produce Bigger Gains in 2025
- 8 Top 4 Altcoins At 70% Discounts – Last Chance!
- 9 Smart $Pepe trader makes $11.7M profit during Market Drop
- 10 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com